When you are holding XLM assets in the SafePal wallet, there are three details that you need to know about using XLM assets in SafePal, according to the characteristics of the Stellar network:
- When you send XLM coin or XLM tokens to others, both the sending and receiving parties need to add the XLM coin/token to the wallet first. (Click here to learn more)
- When you add a XLM token to the wallet, the Stellar network will charge 0.5 Stellar (XLM). The 0.5 XLM will be returned when you delete the XLM tokens from the wallet. (Click here to learn more)
- All Stellar accounts must maintain a minimum balance of lumens. The minimum balance is calculated using the base reserve, which is currently 5 XLM. The absolute minimum balance for an account is 1 XLM, which is equal to (2 + 0 entries) * 0.5 base reserve. Each additional entry reserves an additional 0.5 XLM. (Click here to learn more)